About 750 workers have been hired in Kentucky, and the joint-venture is expecting to bring on a total of 5,000 workers across two battery plants, the representative said. The first of those battery plants is slated to start production this year. UAW President Shaw...
When it announced third-quarter earnings in October, Ford said a slowdown in electric vehicle sales and prices has led to a delay in plans to build one of two new joint-venture EV battery factories in Kentucky that was announced two years ago. The company also is trimming Mustang Mac...
"Investments in the new Tennessee and Kentucky battery plants are planned to be made via BlueOvalSK, a new joint venture to be formed by Ford and SK Innovation, subject to definitive agreements, regulatory approvals and other conditions." BlueOvalSK Battery Park in brief: Glendale, central Ken...
Glendale, central Kentucky investment: $5.8 billion a 1,500-acre campus 5,000 jobs Production (from 2025):BlueOvalSK batteries (86 GWh annually - two 43 GWh plants) Gallery: BlueOvalSK Battery Park in Kentucky 13 Ford: "This is our moment – our biggest investment ever" Ford is not...
In the meantime, construction is progressing at BlueOval Battery Park Michigan, in Marshall, Mich., and at the BlueOval SK joint venture battery plants in Tennessee and Kentucky. SOURCE: FordRelated content February 13, 2025 Nissan and Honda terminate MOU for consideration of business integration ...
2023 UAW strike update: GM agrees to place electric vehicle battery plants under national contract UAW President Shawn Fain made an announcement on Friday, sharing the latest bargaining updates in the union's historic strike against the Big Three automakers. ...
These lucrative F-150 heavy-duty trucks, which are especially popular for the automaker’s commercial business, are also produced at assembly plants in Kentucky and Ohio. The company plans to invest about $3 billion to expand Super Duty production, including $2.3 billion to install assembly and...
The new LFP plant is in addition to Ford's collaborations with LG Energy Solution and South Korea-based SK, including a joint venture for twin lithium-ion battery plants in Tennessee and Kentucky. Those plants are expected to come online in 2025 and 2026. ...
Kentucky Gov. Andy Beshear said in an interview that Ford's 5,000 jobs at the Glendale battery plants is the largest single employment announcement in state history. And he said it will also bring jobs with suppliers that make components for the plants. Earlier this month state legislators ...
Twin battery plants being built by Ford in Glendale, Kentucky, will also cost another $5.8 billion, while the renovation of the Oakville, Ontario plant is expected to cost $1.8 billion. Ford has also announced that it is investing $3.5 billion to build a battery plant in Marshall, Michigan...